Liu Chuanzhi

China's business leaders divided over Liu Chuanzhi's 'don't talk politics' advice

Liu Chuanzhi advises his business peers to stay out of politics. Photo: Oliver Tsang

“Don’t talk politics” - a popular Chinese saying that advises people to keep away from public affairs and mind their own business - has left China’s top executives divided amid an unprecedented national debate on constitutional government, just months after China’s new le

Friday, 12 July, 2013, 4:00pm

Lenovo secures 52pc stake in German firm Medion

Lenovo Group is a step closer to taking over Medion after completing its share purchase deal with the firm's biggest stakeholder, Gerd Brachmann. Lenovo chairman Liu Chuanzhi said in an exchange filing that 57.560 million of the company's ordinary shares and Euro179.448 million (HK$2.01 billion) in cash were paid to Brachmann to secure a 51.89 per cent stake in Medion.

2 Aug 2011 - 12:00am

EC clears Lenovo's Medion takeover

Lenovo Group moved a step closer to expanding its operations in western Europe after regulators approved its Euro466 million (HK$5.25 billion) purchase of a controlling stake in German firm Medion.

28 Jul 2011 - 12:00am

Corrections & clarifications

In the story headlined 'Digital China to invest more in IT services' in Tuesday's paper, the company's parent, Legend Holdings, was incorrectly identified as Lenovo Holdings. Digital China is a sister company of Hong Kong-listed Lenovo Group.

14 Mar 2007 - 12:00am

Lenovo's parent aims to jump on HK reit bandwagon

The world's third-largest computer manufacturer is also considering a listing in the United States

9 Mar 2006 - 12:00am

Asia Miles good for almost everyone

Banks are notorious for their attention to small print, otherwise known as the boring but probably pivotal points that we can't be bothered reading.

One reader took it upon himself to wade through the terms and conditions of HSBC's mileage programme: transferring those bonus points into frequent-flyer miles.

16 Jul 2003 - 12:00am

Legend considers options

Legend Group, the mainland's leading personal computer manufacturer, may consider a backdoor listing if its plan to issue China Depositary Receipts (CDRs) fails.

Legend chairman Liu Chuanzhi was quoted by the China Securities Journal yesterday as saying he would not rule out buying into an A-share listed company to tap into the domestic capital market.

9 Apr 2002 - 12:00am

Legend appoints president

China's dominant personal computer manufacturer, Legend Holdings, has appointed Yang Yuanqing as president and chief executive, paving the way for chairman Liu Chuanzhi to retire. Mr Yang was senior vice-president of Legend in charge of its core PC manufacturing business.

24 Apr 2001 - 12:00am

Legend grows

LEGEND GROWS: Legend Holdings chairman Liu Chuanzhi reveals the company's net interim profit sky-rocketed 135 per cent on the strength of strong growth in personal computer sales stimulated by the Internet boom in the mainland.

1 Nov 2000 - 12:00am

Legend launches network products as competition squeezes PC margins

With margins shrinking in the mainland's fiercely competitive personal computer market, Legend Holdings has launched an ambitious programme of network products that it expects will generate 100 million yuan (about HK$93.23 million) in turnover up to next March.

22 Jul 1999 - 12:00am